OneAscent Family Office LLC Has $484,000 Position in Union Pacific Corporation (NYSE:UNP)

OneAscent Family Office LLC boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 128.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,048 shares of the railroad operator's stock after purchasing an additional 1,151 shares during the period. OneAscent Family Office LLC's holdings in Union Pacific were worth $484,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Fiduciary Trust Co increased its position in Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after buying an additional 2,807 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in Union Pacific in the fourth quarter valued at $781,000. Meadow Creek Wealth Advisors LLC increased its stake in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock valued at $866,000 after acquiring an additional 359 shares during the last quarter. GAMMA Investing LLC increased its stake in Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock valued at $2,491,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Truist Financial Corp boosted its position in Union Pacific by 2.7% during the first quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock valued at $228,695,000 after buying an additional 25,900 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UNP shares. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Argus raised shares of Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Barclays upped their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Robert W. Baird started coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price objective on the stock. Finally, Wells Fargo & Company cut their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and a consensus target price of $257.13.

Union Pacific Price Performance

NYSE:UNP opened at $224.90 on Friday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. The stock has a market capitalization of $134.37 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. The stock's 50-day moving average price is $227.52 and its 200-day moving average price is $231.17.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.69 EPS. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a $1.38 dividend. The ex-dividend date of this dividend is Friday, August 29th. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a dividend yield of 2.45%. Union Pacific's dividend payout ratio is currently 48.29%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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